Billions for the Bankers
The Triumphant Economy Unmasked

Bankers create money
Banks rake in Billions


John Cleghorn, the president
of the Royal Bank, rakes in

millions
of dollars every year.
The People produce all the food,
all the goods and all the services.
In return, the People receive
all the deficits, all the debts,
all the bankruptcies,
all the unemployment,
all the poverty and all the taxes.

The Triumphant Economy Unmasked
Compiled in 1996
The directors of the following large enterprise raked in record profits while laying off employees and slashing jobs.

Over the years they have collectively accumulated unprecedented profits, , while a million and a half Canadians were unemployed
(more than 65 billion $ in 1995).

The average earnings of these directors of enterprise (C.E.O.) was
2,654,116 $ in 1995, almost 90 times the average salary of the Canadian worker (29, 835$).

The pressure and lobby group "par excellence": the 100 largest commercial enterprises in Canada and the salaries of their directors are unveiled in the six categories below:
Finance Services (coming soon)
Manufacturing Conglomerates (coming soon)
Natural Resources (coming soon) Influential Groups (coming soon)
Very Big Families
Bronfman Reichman
Desmarais Thomson
Eaton Weston
Irving  
Very Big Salary = Power
Frank Stronach
Magna International
Salary+other $ (1995) 47, 226, 100$
Conrad Black
Salary+other $ (1995) 18, 399, 875$
Powerful Organizations
The International Monetary Fund The World Trade Organization
Credit Rating Agencies The Canadian Chamber of Commerce
Tim Reid, President
170, 000 members consisting of 95 Professional Associations and more than 500 local Chambers of Commerce.
The Bank of Canada The Trilateral Commission
The Business Council on National Issues
150 directors of Big Transnational Companies. Founded in 1976, the Counsel has become the principal spokesperson for business.
The Canadian Bankers' Association
Ray Protti, President
Spokesperson for the large Chartered Banks since 1991.
Alliance of Manufacturers & Exporters Canada
Stephen Van Houten, President
3000 united manufacturers, enterprises, services and exporters (previously members of the AMC).
 
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